Monday, 08/03/2010 17:54

GLT: Notice of transaction of principal shareholder

GLT announces the notice of transaction of principal shareholder as follows:

1. Name of issuer: Global Electrical Technology Corp.

2. Stock code: GLT

3. Name of principal shareholder: Richluck International Limited

4. Securities type: Common stock

5. Number of shares held by the principal shareholder before transaction: 981,332 shares (15.39% of Charter Capital)

6. Number of shares to be disposed : 750,000 shares

7. Expected total holding following transaction and total percentage holding following transaction: 231,332 shares (3.63% of Charter Capital)

8. Expected date of transaction: From 10/03/2010 to 10/05/2010.

hnx

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